Sumeet Industries (BOM:514211) Days Payable: 64.38 (As of Mar. 2026) — 63% Above Median


BOM:514211 Sumeet Industries Ltd BOM:514211
47 GF Score
Price ₹31.75
GF Value ₹0.80
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Sumeet Industries Days Payable?

Sumeet Industries BOM:514211 47 Days Payable is 64.38 as of Mar. 2026, which is 63% above its 10-year median of 39.47. GuruFocus rates BOM:514211 with a GF Score™ of 47/100 and a GF Value™ of ₹0.80 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Sumeet Industries ranks better than 57.44% on this metric.

Sumeet Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,452 Mil. Sumeet Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,058 Mil. Hence, Sumeet Industries's Days Payable for the three months ended in Mar. 2026 was 64.38.

The historical rank and industry rank for Sumeet Industries's Days Payable or its related term are showing as below:

BOM:514211' s Days Payable Range Over the Past 10 Years
Min: 15.48   Med: 39.47   Max: 62.94
Current: 62.51

During the past 13 years, Sumeet Industries's highest Days Payable was 62.94. The lowest was 15.48. And the median was 39.47.

BOM:514211's Days Payable is ranked better than
57.44% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs BOM:514211: 62.51

Sumeet Industries's Days Payable increased from Mar. 2025 (63.57) to Mar. 2026 (64.38). It may suggest that Sumeet Industries delayed paying its suppliers.


Sumeet Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Sumeet Industries's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sumeet Industries Days Payable Chart

Sumeet Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.20 15.48 16.91 42.35 62.94

Sumeet Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.57 64.68 59.72 60.62 64.38

Sumeet Industries Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Sumeet Industries's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sumeet Industries Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sumeet Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Sumeet Industries's Days Payable falls into.


BOM:514211
47GF Score
Sumeet Industries Ltd BOM:514211
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumeet Industries Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Sumeet Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1323.664 + 1451.815) / 2 ) / 8047.824*365
=1387.7395 / 8047.824*365
=62.94

Sumeet Industries's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 1451.815) / 1 ) / 2057.617*365 / 4
=1451.815 / 2057.617*365 / 4
=64.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 64.38 mean?
Sumeet Industries (BOM:514211) has a Days Payable of 64.38 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sumeet Industries and its competitors. This is 63% above median its historical median of 39.47. Over the past decade, Sumeet Industries' Days Payable has ranged from 15.48 to 62.94. According to the industry distribution chart, Sumeet Industries ranks #432 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.6%.
Is Sumeet Industries' Days Payable too high?
Sumeet Industries' current Days Payable of 64.38 is 63% above median its 10-year median of 39.47. Over the past 10 years, this metric has ranged from a low of 15.48 to a high of 62.94. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Sumeet Industries' value of 64.38 is 18.7% above this industry median. Based on the distribution chart, Sumeet Industries ranks #432 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Sumeet Industries has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumeet Industries' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sumeet Industries ranks #432 out of 1015 companies for Days Payable. This puts Sumeet Industries in the upper half of its industry. The industry median Days Payable is 54.22. Sumeet Industries' value of 64.38 is 18.7% above this benchmark. Historically, Sumeet Industries' own Days Payable has ranged from 15.48 to 62.94 over the past decade. While the company's 10-year median is 39.47 vs. the industry median of 54.22, Sumeet Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sumeet Industries's current Days Payable of 64.38 is 18.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sumeet Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sumeet Industries's current Days Payable is 64.38, which is 63% above median its own 10-year median of 39.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumeet Industries stock overvalued right now?
Based on GuruFocus' analysis, Sumeet Industries (BOM:514211) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.80, compared to a current price of ₹31.75 — trading 3868.8% above its estimated fair value. The current Days Payable is 64.38, which is 63% above median its 10-year median of 39.47 and 18.7% above the Manufacturing - Apparel & Accessories industry median of 54.22. Sumeet Industries' overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Sumeet Industries (BOM:514211), the current Days Payable is 64.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sumeet Industries (BOM:514211) Overvalued in 2026?

Based on GuruFocus' analysis, Sumeet Industries stock appears to be overvalued. The current stock price of ₹31.75 is trading 3868.8% above its estimated GF Value™ of ₹0.80. GuruFocus considers Sumeet Industries to be Significantly Overvalued.

Key valuation signals for BOM:514211:

  • Days Payable: 64.38 (63% above median its 10-year median of 39.47)
  • GF Value™: ₹0.80 vs. price of ₹31.75 (3868.8% above fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 18.7% above the Manufacturing - Apparel & Accessories median (#432 of 1015)

No single metric tells the full story. See the BOM:514211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sumeet Industries Business Description

Other Exchanges SUMEETINDS:India
Address Ring Road, 504, 5th Floor, Trividh Chambers, Opposite Fire Brigade Station, Surat, GJ, IND, 395002
Sumeet Industries Ltd is engaged in the yarn manufacturing business segment in India. It manufactures and exports Polyester Yarn (POY and FDY), Polyester Chips, Texturizing Yarn and Carpet Yarn. The company caters to both domestic and international markets, of which the majority of revenue is generated within India.
47GF Score

Get the complete analysis for BOM:514211

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹31.75
Price
₹0.80
GF Value